The Department for Work and Pensions (DWP) has provided the dates for when people receiving tax credits will be paid the first half of the £650 Cost of Living payment.
While most people who are eligible for the payment will have received it by the end of July - such as those on Universal Credit or Income-based JSA - those receiving Tax Credits have been informed they have to wait a bit longer. It can now be confirmed that most people on Tax Credits will receive the payment in September of this year.
However, there are some exceptions to this date, according to the DWP. Furthermore, the government is yet to announce the date for when the second half of the payment will begin to be rolled out.
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To get the first half of the Cost of Living Payment you must have received or later receive, from any day in the period between April 26, 2022 to May 25, 2022 a payment of tax credits or an annual award of at least £26 of tax credits. If you get both Child Tax Credit and Working Tax Credit, you will only receive a payment for Child Tax Credit only.
Meanwhile, if you get tax credits from HMRC and a low income benefit from the DWP, you will only get a payment from the DWP only. The government has announced that most people receiving Tax Credits will receive £326 in September 2022.
However, some people may receive their payment a bit later, for example if you change the account your tax credits are paid into. Regardless, you will still receive the payment automatically so you won't need to contact the DWP or HMRC in this case.
If you strongly believe that the computer program used to identify those eligible for the payment won't flag you, but you still believe you are eligible for the payment, then you should contact the office that pays your tax credits to discuss it.
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